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marshall27 [118]
3 years ago
6

Economists know it is best to track inflation because a. It distorts prices b. It distorts statistics about overall economic per

formance c. it makes prices rise d. it worries people​
Business
1 answer:
UkoKoshka [18]3 years ago
5 0

Answer:

c. it makes prices rise

Explanation:

Inflation describes a situation where there is a general increase in prices in the country. Inflation is directly linked to economic growth. A high growth rate results in high inflation.

Inflation causes prices to rise, reducing the purchasing power of money. A reduction in purchasing power means a unit of money will buy fewer items than it did previously. The government puts in measures to counter inflation to stabilize prices and prevent erosion of purchasing power.

Low inflation indicates slow economic growth, low employment, and a reduction in prices.

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QRT Co. received $1,560 advance from Zync Inc. as rent for the use of a building owned by QRT Co. How does this transaction affe
Serhud [2]

Answer:

a.Cash is increased, and unearned rent is increased.

Explanation:

Since in the question, it is mentioned that QRT Co. received $1,560 advance from Zync Inc. for the building use.  

We know that the cash is received which increases the cash balance but the service is not provided so it would become a liability and recorded as unearned rent.  

The unearned rent is increased which show under the current liability side of the balance sheet

Hence, both cash and unearned rent is increased

7 0
3 years ago
Worthy Ships initially issued 400,000 shares of $1 par stock for $2,000,000 in 2021. In 2023, the company repurchased 40,000 sha
liq [111]

Answer:

Worthy Ships:

Treasury Stock account balance would be $80,000.

Explanation:

Treasury Stock account is a contra account to the Common Stock account.  Using the cost method, the account will have a debit entry and balance of $400,000 in 2023.  In 2024, with the resale of shares, the account will have a credit entry of $320,000.  This would bring the balance to $80,000 at the end of 2024.

8 0
3 years ago
A home based business is part of what industry
GREYUIT [131]

Answer:

Explanation:

Cottage industry

6 0
3 years ago
Home Depot begins running magazine advertisements for patio furniture during the winter months in states such as Florida, Texas
Firlakuza [10]

Home Depot likely practiced geographic segmentation to help them identify when to utilize media at the times when their customers are most apt to be considering outdoor living purchases.

<u>Explanation:</u>

Geographic segmentation is a marketing strategy used by the companies when they intend to serve customers in a specific area, or when the targeted audience has distinct preferences depending on where they are based. It comprises grouping prospective customers by region, country, state or city. They can even be grouped based on the neighborhood. Seasonal products often are advertised to geographic segments based on the climate, as in this case is done with patio furniture.

5 0
3 years ago
Which of the following federal laws prohibits discrimination in employment against lesbian, bisexual, gay and transgender indivi
aev [14]

Answer:

d. There is currently no federal law protecting lesbian, bisexual, gay and transgender individuals.

Explanation:

LGBT people are not currently protected against discrimination in employment and in the workplace by any specific federal law. Title VII of the Civil Rights Act of 1964 offers some protection because it forbids employment discrimination on the basis of sex.

However, sex is not the same as sexual orientation, or gender orientation, and as a result, LGBT people are not fully protected.

7 0
3 years ago
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